Allianz Asset Management GmbH Trims Stock Holdings in Federal Signal Corporation $FSS

Allianz Asset Management GmbH lowered its position in Federal Signal Corporation (NYSE:FSS) by 6.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 857,312 shares of the conglomerate’s stock after selling 57,759 shares during the quarter. Allianz Asset Management GmbH’s holdings in Federal Signal were worth $93,096,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC lifted its stake in Federal Signal by 28.4% in the fourth quarter. LPL Financial LLC now owns 23,875 shares of the conglomerate’s stock valued at $2,593,000 after buying an additional 5,279 shares during the last quarter. Palladiem LLC purchased a new stake in Federal Signal in the fourth quarter valued at approximately $27,000. Capital World Investors lifted its stake in Federal Signal by 4.4% in the fourth quarter. Capital World Investors now owns 2,362,294 shares of the conglomerate’s stock valued at $256,522,000 after buying an additional 100,000 shares during the last quarter. Vestcor Inc lifted its stake in Federal Signal by 309.1% in the fourth quarter. Vestcor Inc now owns 5,368 shares of the conglomerate’s stock valued at $583,000 after buying an additional 4,056 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in Federal Signal by 6.3% in the fourth quarter. Goldman Sachs Group Inc. now owns 808,277 shares of the conglomerate’s stock valued at $87,771,000 after buying an additional 47,846 shares during the last quarter. Hedge funds and other institutional investors own 92.73% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on FSS shares. CJS Securities upgraded Federal Signal from a “market perform” rating to a “market outperform” rating and set a $140.00 price target for the company in a research note on Thursday, February 26th. Wall Street Zen upgraded Federal Signal from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. DA Davidson upped their price target on Federal Signal from $125.00 to $132.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Weiss Ratings cut Federal Signal from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 4th. Finally, Zacks Research upgraded Federal Signal from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $139.25.

Federal Signal Stock Up 0.5%

FSS opened at $110.70 on Thursday. The company has a quick ratio of 1.29, a current ratio of 2.84 and a debt-to-equity ratio of 0.38. The firm has a market cap of $6.75 billion, a P/E ratio of 25.16, a PEG ratio of 1.59 and a beta of 1.26. Federal Signal Corporation has a 52 week low of $97.25 and a 52 week high of $132.89. The business’s fifty day simple moving average is $113.26 and its 200 day simple moving average is $112.87.

Federal Signal (NYSE:FSS) last posted its quarterly earnings data on Wednesday, April 29th. The conglomerate reported $1.18 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.29. Federal Signal had a return on equity of 21.18% and a net margin of 11.56%.The business had revenue of $625.60 million for the quarter, compared to analyst estimates of $579.87 million. During the same quarter last year, the company earned $0.76 earnings per share. The business’s revenue for the quarter was up 35.0% compared to the same quarter last year. Federal Signal has set its FY 2026 guidance at 4.800-5.050 EPS. As a group, equities research analysts anticipate that Federal Signal Corporation will post 4.94 EPS for the current fiscal year.

Federal Signal Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were given a dividend of $0.15 per share. The ex-dividend date was Friday, May 15th. This represents a $0.60 annualized dividend and a yield of 0.5%. Federal Signal’s dividend payout ratio is 13.64%.

About Federal Signal

Federal Signal Corporation (NYSE: FSS), headquartered in Oak Brook, Illinois, is a diversified industrial company that designs, manufactures and markets a broad range of products and services for municipal, commercial and industrial customers worldwide. Founded in 1901 in Chicago, the company has grown through a combination of organic investment and strategic acquisitions to become a leading provider of environmental management and safety and security solutions.

Federal Signal operates through two primary business segments.